EFTPOS

EFTPOS: translation

Acronym for Electronic Funds Transfer at Point of Sale . Payment is transferred usually from a checking account at the point of sale. Bloomberg Financial Dictionary

EFTPOS EFTPOS [ˈeftpɒs ǁ -pɑːs] noun [uncountable]

BANKING Electronic Funds Transfer at Point of Sale; a system in Britain for paying for goods without using cash or cheques. The buyer's debit card or credit card is put into a special machine connected to a central computer that automatically takes money out of their account and puts it into the seller's account

EFTPOS UK US /ˈeftpɒz/ noun [U]

► BANKING, COMMERCE ABBREVIATION for electronic funds transfer at point of sale: a system of paying for goods or services in shops using a bank card or a credit card, so that the money is paid directly from the buyer's bank account to the shop's bank account: »

EFTPOS could disappear from corner stores as bank charges for the service double.

банк., торг. сокр. от electronic funds transfer at point of sale

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electronic funds transfer at point of sale